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FOX News
Jan 1, 2013 12:00pm PST
our leader, nancy pelosi. >> thank you very much. last night the senate -- well, i guess it was early this morning, the united states senate voted in an uncharacteristically in a very bipartisan way 89 votes in favor of the compromise legislation. that was historic. that legislation was sent over to the house. up until now our speaker has said when the senate acts we will have a vote in the house. that is what he said. that is what we expect. that is what the american people deserve. so we look forward now as we go forward in this day to see what the timing will be for a straight up or down vote on what passed 89-8 last night in the united states senate. today we had the privilege, as our chairman has said, from hearing from the vice president. he talked about what's in the legislation and what lies ahead and difficult negotiations as we go forward. we had a frank, as you said, mr. chairman, a frank discussion in that regard. our members after thoughtful dlir bracings and review are continuing to review the legislation weighing the pros and cons and weighing the equities of not
FOX News
Dec 31, 2012 6:00am PST
schumer and nancy pelosi, this summer suggest ad million dollars be the mark for which people begin to pay higher tax rates, not 2 a $50,000. so i think the president definitely stretched his definition of millionaires and billionaires by putting 250 rate income level as that rate but he is getting extension of unemployment benefits he wants as well. so he certainly outmaneuvered us on this one but the real irony here that this whole process was born out of deficit reduction. now the reports are it might add to the deficit. that is counter intuitive. gregg: or at least the 800 plus billion in new revenue would be wiped out by $800 billion into l new spending. it is dead-even and not a nickel goes to deficit reduction. kirsten, if that happens, won't the american people say, hey, wait a minute, wasn't this whole thing supposed to be about reducing the deficit? >> no, they won't. this is fundamental fun political point the republicans seem incapable of understanding. for all their claims this is what the country is obsessed with this is not what the country is obsessed with. gregg: what
FOX News
Dec 24, 2012 6:00am PST
, democrats have their own up issues internally. nancy pelosi leader democrats in the house and harry reid, leader of senate democrats essentially saying entitlements are off the table when we know entitlements are the biggest drivers of debt. gregg: there may be a reason for that. marjorie, senator john barosso chairman of the republican policy committee put his finger on it. he believes the president is eager to go over the cliff for political reasons because he senses victory at the bottom of the cliff. those are his words verbatim and, you know, then the president gets to punish republicans. and he also might get more money in a for taxpayers, from taxpayers to expand the government. what about that? >> well i have a really hard time believing anybody, republicans or democrats would win from going over the cliff. talking about potentially putting country in recession, what it would do to the markets. here's the deal. these type of negotiations what we lost a $4 trillion opportunity when boehner and obama were at the table having talks prior to the holiday. what we're looking at re
Search Results 0 to 2 of about 3